date:Oct 17, 2013
n available to users amounts to1.63 million tons. With a monthly usage of 660,000 tons, that means there are only two and half months of corn supplies left.
That is creating tension in the market. The Argentine Chamber of Feedlots said that corn is quite difficult to get. Poultry producers say that they are also having trouble getting corn, but place the blame on the exporters.
Corn buyers are now paying more. According to a producer, a month ago corn was going for US$ 850 to 900 a ton, with t